Starting to see why dems are so desperate to get rid of President Trump?
US Economy grew 2.9% in 2018, highest in 13 years
- Thread starter GhostOfMatchesMalone
- Start date
Starting to see why dems are so desperate to get rid of President Trump?
It was 2.9 percent in 2015. You were probably screaming that Obama should be impeached for economic incompetence.
I thought the 1.5 trillion we gifted to Wall Street was supposed to produce 4+? I guess we’ll just all wait for the tricking down.
I thought the 1.5 trillion we gifted to Wall Street was supposed to produce 4+? I guess we’ll just all wait for the tricking down.
Owebama averaged 1.6 GDP . That low-water mark puts the Obama presidency in last place among all the post-World War II presidents when it comes to economic growth.
GDP means nothing related to mountainous levels of debt that grow higher by the day...I'd rather have much lower levels of domestic/global debt than higher GDP numbers that are generally fake to begin with...when folks crow about GDP of 2.8 %...and accept that as fact...they're also the ones who accept inflation is only or less than 2%...wowza!
Agent Orange
Agent Orange
22 trillion in debt and 100 million in unfounded liabilities.
We must cut spending and RAT gubMint programs, fix Medicare, and social security
2018 U. S. household wealth is a record $110 trillion. This takes some sting off a staggering $22 trillion in debt. However, some constraints do need attention, and at this time, Dimms and Pubs are showing none.
Records (such as $110 trillion in US household wealth) can easily be wiped out/greatly reduced if big-boy banks like Deutsche Bank and some in Italy collapse...that's the reason why BOJ (bank of Japan) buys equities and the EU's Mario Draghi cannot stop Q.E...and could our central bank actually reduce its balance sheet?...since the banks and banking are too closely intertwined...
if things were that good...none of the banks would need to intervene on anyone's behalf...much less their own behalf.
Another point: if AOC and others know there's a record $110 trillion in US household wealth...what would stop anyone from extracting that wealth to fund any/all projects...all for the good of the people?...so, this leads me to wonder...what do ***numbers*** really mean according to those who spew them out relative to how things really are?
Agent Orange
Why would I do that? 2.9% growth was easily the best mark obama had in 8 years on the job.
Definitely better than the -2.5% he posted in 2009. You were probably screaming that Bush was to blame for that, right?
This is an interesting thread fir many reasons...so, could we consider some things being hidden or being swept in under the rug?...as I see it, there is cause for concern being masked under this 2.9% GDP number...and here are some matters I think about:
The instability of the banking system
Printing $$$$
Retirement pensions (nationally in USA) woefully underfunded
Close to 50% of Americans making $30k or less
Housing way too expensive relative to many folks' incomes
People buying too many things with money they don't have
The sub-prime auto buildup
Student debt nearing/surpassing $1.5 trillion
I've read up on many retirement pensions (the city of Chicago, Dallas, Calpers-California, Kentucky)...many of them projecting 7% returns (can you believe that?)...Calpers has not recovered from the 2008-09 loss(es).
The unending march(es) for equality...what a joke.
So...am I being an undue pe$$imist?...does the 2.9% really mean that much?...and to whom/what does 2.9% really mean for?...what am I missing?
Agent Orange
The instability of the banking system
Printing $$$$
Retirement pensions (nationally in USA) woefully underfunded
Close to 50% of Americans making $30k or less
Housing way too expensive relative to many folks' incomes
People buying too many things with money they don't have
The sub-prime auto buildup
Student debt nearing/surpassing $1.5 trillion
I've read up on many retirement pensions (the city of Chicago, Dallas, Calpers-California, Kentucky)...many of them projecting 7% returns (can you believe that?)...Calpers has not recovered from the 2008-09 loss(es).
The unending march(es) for equality...what a joke.
So...am I being an undue pe$$imist?...does the 2.9% really mean that much?...and to whom/what does 2.9% really mean for?...what am I missing?
Agent Orange
I am speechless Agent Orange! Lol!, Speechless!
Ghost ( Mr.Critical Thinker) gets bitch slapped. AGAIN
I consider Ghost a good guy and he's capable of deeper thinking than I am...I'm too biased.
Agent Orange
Thanks AO. You may be responding to a child that I have on Ignore. I honestly can't tell.
As a matter of principle...I do not place anyone on ignore...because I refuse to allow them that degree of control over myself...but that is simply my belief...the best way of confronting anyone who might otherwise be placed on ignore is to simply outsmart them...remember the old adage where "revenge is best served cold."...use your stinger when least expected...not to worry...they'll learn.
Agent Orange
Agent Orange
Oops! Hispanic American poverty has declined for the third year in a row. 2018 wages up 3.7 percent. Drudge.
Thank you, President Obama. Me.
Thank you, President Obama. Me.
Coolidge got it
Kennedy got it
Reagan got it
MAGA gets it
Give the power to the people and free market
Thoughts @bradleygator @urtren
A child? No, i think what your problem or deal is, is that you never learned
how to DEBATE or lets put it this way. "You Cant Handle The Facts'
That's on you limp dick! All you know how to do is Twitter for Twats!
The Federal Reserve is in no way going to let the power go back
"To The People" Yes, Maga "Gets It" but "The People" don't!
They're much too busy being on Twitter for twats and FakeBook.
The FED should be eliminated
The money honey Maria Bartiromo tells me companies are now taking money out of savings and pouring into investments, job,IT etc after MAGA has lifted Owebamas crippling regulations, taxation and war on the Economy.
MAGA
Tell or explain something to me Nail. Please! Lol,
How would "YOU" go about eliminating the Fed?
All you've told me about is what "you've heard" from
the Money Honey. That only sends up a "Red Flag" to me
when i hear something like that. Again,how would "YOU" go
about eliminating the FED?
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I really don't believe that Trumpy Bear has the gonads (nut sack)
that President Kennedy had.
On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous.
With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificats were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the gevernment the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver.
After Mr. Kennedy was assassinated just five months later, no more silver certificates were issued. The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid. Why then has no president utilized it? Virtually all of the nearly $6 trillion in debt has been created since 1963, and if a U.S. president had utilized Executive Order 11110 the debt would be nowhere near the current level. Perhaps the assassination of JFK was a warning to future presidents who would think to eliminate the U.S. debt by eliminating the Federal Reserve's control over the creation of money. Mr. Kennedy challenged the government of money by challenging the two most successful vehicles that have ever been used to drive up debt - war and the creation of money by a privately-owned central bank. His efforts to have all troops out of Vietnam by 1965 and Executive Order 11110 would have severely cut into the profits and control of the New York banking establishment. As America's debt reaches unbearable levels and a conflict emerges in Bosnia that will further increase America's debt, one is force to ask, will President Clinton have the courage to consider utilizing Executive Order 11110 and, if so, is he willing to pay the ultimate price for doing so?
http://www.sweetliberty.org/issues/eo/eo2.htm
This post illustrates your cluelessness more comprehensively than any other, I think, and that is saying something. Sad!
Aggressive timetable necessary since Green New Deal told us cow farts would destroy the planet by 2031.
If you guys think any President is going to end the fed, you are more clueless than I realized. The fed prints money and pumps it into Wall Street to inflate asset prices and fool nitwits like yourselves into thinking the economy is good.
As Gordon Gecko put it: you’re walking around blind without a cane.
As Gordon Gecko put it: you’re walking around blind without a cane.
How many times did obama sidestep Congress via EO?
MSM said it made him a brilliant strategist. Sheep nod along.
Trump declares National Emergency, MSM says "Heeeeeyyyy!!!! You can't use an EO to sidestep Congress! That's against the Constitution!"
Sheep look......then bleat "That's right! Orange Man BAD!"
Critical thinkers immediately spot the hypocrisy.
You think we need to adopt a war on cow farts in order to save the planet. You really aren't in a position to argue that anyone else is clueless on any topic.
So your answer to being called on bullshit is to point out some other bullshit. Essentially, we agree: it’s all bullshit. You just don’t realize it.
So you've now decided that you don't like AOC and no longer think she is oh so dreamy?
Glad something is getting through to you. Keep listening, we may save you just yet.
